Month: January 2021

INDIANAPOLIS, IN – January 21, 2021 – HG Ventures today announced that Senior Director Ginger Rothrock has been named to the “Top 50 Rising Stars” List by Global Corporate Venturing (GCV), the leading industry publication for corporate venture capital.

The Top 50 Rising Stars Award recognizes the most significant professionals who entered the industry during the previous five years from a global roster of more than 2,500 corporate venture arms. Rothrock received the award on Jan. 21 during Digital Forum 3.0, an online conference sponsored by GCV.

Rothrock is among only 12% of venture capital partners who are women.

“I am honored to receive such a distinguished award,” Rothrock said. “I’m passionate about the power of corporate venture capital to unlock innovation and further the entrepreneurial ecosystem, especially in the materials science and sustainability sectors that are our focus at HG Ventures. I look forward to making further contributions to the industry.”

Rothrock is the second member of the HG Ventures team recognized by GCV. Executive Vice President for New Ventures Kip Frey was included in the Powerlist Top 100 leaders of in-house venture capital groups in 2020.

“Rising Star is an excellent description of Ginger,” Frey said. “She is playing a key role in developing HG Ventures into one of the nation’s premier corporate investment initiatives.”

Rothrock was recruited to HG Ventures in late 2018 while serving as vice president of technology and commercialization at RTI International, a translational research institute in Research Triangle Park, North Carolina. Eleven years earlier, Rothrock, a Ph.D. chemist, co-founded Liquidia Technologies, a clinical biopharma company in Research Triangle that went public in 2018.

At HG Ventures, Rothrock is responsible for sourcing deals, due diligence, and portfolio company governance and support. She is also liaison for internal incubation projects at the more than 30 companies tied to both HG Ventures and its parent company, The Heritage Group. With more than 5,000 employees globally, The Heritage Group is among Indiana’s largest private companies.

INDIANAPOLIS, IN – January 5, 2021 –Heritage Environmental Services, Inc. (“HES”), a leader in environmental and recycling services, and Romeo Power, Inc. (“Romeo Power”) (NYSE: RMO), an energy technology leader delivering large-scale electrification solutions for complex commercial applications, announced today that they have launched a program to select fleet electrification partners to execute on HES’s fleet electrification strategy. HES and Romeo Power intend to select leading edge commercial Battery Electric Vehicle (BEV) value chain participants such as Original Equipment Manufacturers (OEMs), integrators and ePowertrain providers, to participate in the program. The goal is to enter into long-term production partnerships with program participants that deliver the best solution for Heritage’s requirements. All participants will be required to utilize Romeo Power’s energy technology and battery management system in their vehicle offerings.

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INDIANAPOLIS, IN – January 5, 2021 –Romeo Systems, Inc. (“Romeo Power”), an energy technology leader delivering large-scale electrification solutions for complex commercial applications, announced today that it has completed its business combination (“Business Combination”) with RMG Acquisition Corp. (“RMG”) (NYSE: RMG), a special purpose acquisition company. The Business Combination was approved by RMG stockholders in a special meeting held on December 28, 2020 and consummated on December 29, 2020. Beginning on December 30, 2020, Romeo Power’s shares of common stock will trade on the New York Stock Exchange (“NYSE”) under the ticker symbol “RMO” and its warrants will trade on the NYSE under the ticker symbol “RMO.WT”.

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